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Don’t Fall for the “Meme Stock” Craze

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Legacy Research Group

June 5, 2021

Don't Fall for the "Meme Stock" Craze

By Chris Lowe

“Meme stocks” are all the rage.

This week at the Cut, we showed you how struggling movie theatre chain AMC saw its stock soar 3,000% since the start of the year.

This eye-watering gain is being driven mostly by an army of individual investors coordinating by way of the WallStreetBets Reddit group.

To put that in perspective… that’s as much as investors in bitcoin made over the past four years.

And it took Amazon shareholders the past 11 years to make 3,000%.

The craziness is hitting cryptos, too… with meme-inspired coin Dogecoin up 7,908% in 2021.

According to our ever-skeptical cofounder Bill Bonner, it’s yet another sign that the markets are becoming a casino for the deranged.

But if you can’t help yourself… and still want to take a punt on a meme stock… we put together some simple guidelines to make sure you keep your downside risk low.

And the meme stock craze wasn’t the only thing on our minds…

We also pulled back the curtain on the real reason Elon Musk is trash talking bitcoin.

And we revealed why the trouble for Big Oil is good news for the world’s most hated commodity – uranium.

Catch up on it all below.

Regards,

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Chris Lowe

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Recommended Links

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Teeka Tiwari: "Major Disruption Coming to All These Locations"

And according to Teeka Tiwari, those who get into a unique deal behind this disruption before a potential IPO will have a shot at 24/7 freedom… in just the first 24 hours of trading.

On Wednesday, June 9th, at 8 p.m. ET, Teeka Tiwari will release details on this historic new pre-IPO deal.

Click here to reserve your spot.

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Bitcoin Billionaires Are Buying THIS (Get the ticker)

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America: Ground Zero?

A terrifying financial event is unfolding under the surface…

And although America is ground zero for it…

By the time it becomes obvious to the likes of…

Wall Street, Washington, and investors on Main Street – it will be too late.

They will be crushed just like in 2001 and 2008.

But this time nothing will be able to help them.

NO amount of money printing will fix it.

NO Executive Order will come to the rescue.

And each inevitable bailout will only deepen the panic.

Unprepared investors near or at retirement could face a pitch-black nightmare…

And their financial future could be damaged practically overnight…

So that’s why Nick Giambruno just made an urgent briefing to help you prepare.

Click here to watch it right now.

IN CASE YOU MISSED IT…

Top Crypto Expert Makes Shocking Confession…

Have you noticed how everyone is singing Bitcoin’s praises these days?

You’ve got Bloomberg… famous billionaires… Even J.P. Morgan, who swore they’d never have anything to do with the coin, is now getting involved!

That’s fine… But where was everyone 5 years ago?

Teeka Tiwari recommended Bitcoin back on April 18, 2016 when it was trading for $428 a coin.

What is he recommending now?

Well, what he just revealed will shock many people…

It’s something his research shows could be at least 25 times bigger.

You can see what he’s uncovered in this video below…

Check it out.

image


IN CASE YOU MISSED IT…

Top Crypto Expert Makes Shocking Confession…

Have you noticed how everyone is singing Bitcoin’s praises these days?

You’ve got Bloomberg… famous billionaires… Even J.P. Morgan, who swore they’d never have anything to do with the coin, is now getting involved!

That’s fine… But where was everyone 5 years ago?

Teeka Tiwari recommended Bitcoin back on April 18, 2016 when it was trading for $428 a coin.

What is he recommending now?

Well, what he just revealed will shock many people…

It’s something his research shows could be at least 25 times bigger.

You can see what he’s uncovered in this video below…

Check it out.

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